(1) “Merchant” means a person who deals in goods of the kind or otherwise by his occupation holds himself out as having knowledge or skill peculiar to the practices or goods involved in the transaction or to whom such knowledge or skill may be attributed by his employment of an agent or broker or other intermediary who ...
What is the legal definition of a merchant?
- merchant. One whose business is buying and selling goods for profit; esp. a person or entity that holds itself out as having expertise peculiar to the goods in which it deals and is therefore held by the law to a higher standard of expertise than that of a nonmerchant.
What do merchants do?
- What does a Merchant do? Merchants buy and sell goods that are purchased by end consumers or retail shops. They work in various industries including supermarkets, clothing, and electronics stores. Merchants store goods and engage in marketing, order processing, customer service, and technical assistance. Merchants are responsible for many tasks, including keeping inventory, purchasing the items needed for the shop, overseeing financial information, and promoting products.
What does merchants mean?
- What Does Merchant Mean? A merchant is any individual that is involved in some form of commerce in particular buying and selling products that they do not manufacture themselves. They undertake such activity with the motive to earn profit. They are divided into two broad categories- wholesale merchants and retail merchants.
What is the definition of a merchant?
- Define merchant. merchant synonyms, merchant pronunciation, merchant translation, English dictionary definition of merchant. n. 1. One whose occupation is the wholesale purchase and retail sale of goods for profit. 2. One who runs a retail business; a shopkeeper. adj. 1.